Categories
Current Events Health

America’s death gap

Here’s a jarring thought experiment: If the United States had done merely an average job of fighting the coronavirus — if the U.S. accounted for the same share of virus deaths as it did global population — how many fewer Americans would have died?

The answer: about 145,000.

That’s a large majority [79%] of the country’s 183,000 confirmed coronavirus-related deaths.

No other country looks as bad by this measure. The U.S. accounts for 4 percent of the world’s population, and for 22 percent of confirmed Covid-19 deaths. It is one of the many signs that the Trump administration has done a poorer job of controlling the virus than dozens of other governments around the world.

The specific numbers are only estimates, of course. They are based on virus statistics that are unavoidably incomplete. Most scientists believe the real U.S. death toll is higher than the official numbers indicate, and undercounting of deaths may be even greater in some other countries.

After the U.S., Brazil and Mexico have the next largest gaps between population share and official death share. They are also countries with less advanced medical systems, where some experts think the actual death toll is vastly higher than the official one. If that’s right, the true gaps in Brazil and Mexico may be as large as the U.S. gap.

But no other affluent country has nearly so big a gap. Canada and several European countries each account for a greater percentage of deaths than population, yet the differences aren’t nearly as severe as in the U.S.

And some countries, like Australia and South Korea, have a positive version of the gap. Japan is home to 1.7 percent of the global population but less than 0.2 percent of deaths. An additional 12,000 Japanese residents would not be alive if the country had merely an average death rate.

As I was putting together these numbers, I started thinking about how Americans should have expected their country to fare — above average, below average or maybe right near the average. The U.S. certainly has had some disadvantages in fighting the virus: It’s an international travel hub, which makes transmission more likely, and it had some of the affluent world’s worst health outcomes even before the virus arrived.

On other hand, the U.S. remains the world’s richest country, with vast medical capabilities, and the virus started on a faraway continent. All of which suggests that there was nothing inevitable about the U.S. performance. It is instead a tragic reflection of the country’s failed response.

(https://messaging-custom-newsletters.nytimes.com/template/oakv2?uri=nyt%3A%2F%2Fnewsletter%2F55a5e49d-af65-5d9f-842c-8f0ca369849f)

Categories
Current Events

25% of U.S. malls will be gone within the next five years

“COVID-19 has sounded a death knell for malls in B, C, and D markets that were struggling to survive before the pandemic struck, according to a new report from Coresight Research.”

“…up to 25,000 stores will close by the end of 2020 and that more than half of those closures will happen in malls. Within five years, this trend will spell an end for as many as 300 of the 1,200 malls currently in operation in the United States, the report said.”

Article (https://chainstoreage.com/report-25-us-malls-will-be-gone-within-next-five-years)

Source (with the less alarmist title “US Mall Closures: Impact of Covid-19 Likely To Accelerate Mall Consolidation”) (https://coresight.com/research/us-mall-closures-impact-of-covid-19-likely-to-accelerate-mall-consolidation)

Categories
Current Events Local

Markey vs Kennedy

Interesting conversation about the race:

(https://fivethirtyeight.com/features/politics-podcast-its-too-early-to-know-if-unrest-will-help-trump)

Categories
Art Nature

Twilight at the river bank

Carignano, Piedmont, Italy.

“The bank of the Po, the longest and largest Italian river, as it looks like near to Carignano in Piedmont.”

By Paolo De Faveri.

Source (https://paolodefaveri.photoshelter.com/gallery-image/Essential-Verticals/G0000Qjog44t9jhU/I0000tBxFpKHpjzk)

Via (https://reddit.com/r/NatureIsFuckingLit/comments/ihbwn1/tangerine_treeline/)

Categories
Current Events

Satellite photos appear to show Chinese submarine using underground base

“Satellite image of Aug. 18, 2020, appears to show a Chinese submarine using an underground base on Hainan Island on the South China Sea.”

(https://www.cnn.com/2020/08/21/asia/china-submarine-underground-base-satellite-photo-intl-hnk-scli/index.html)

Categories
Current Events

Bets against US stocks drop to 15-year low as market rallies

(https://www.ft.com/content/d37179bf-5269-496b-a2fc-2d6aace4ad59)

Categories
Tech

SAP Plans To Spin Out Qualtrics, Its $8 Billion Acquisition From 2018, For An IPO

“At a price of about 20x its expected revenue in 2018 of about $400 million, the acquisition was unusually splashy for SAP; the CEO behind the deal, Bill McDermott announced his departure a few months later, insisting it was unrelated to activist investor Elliot Management taking a 1% stake in the company in the interim.

“More recently, Qualtrics has been seen by some analysts as one of the bright spots of SAP’s business, which has faced headwinds as companies grapple with the consequences of the spread of the Covid-19 pandemic. In a July 24 report, Cowen analyst J. Derrick Wood noted that a survey of 60 global SAP partner found that about three-quarters had missed their second-quarter sales targets as buyers delayed decisions and reduced the scope of certain projects. That’s especially hit business units like Concur, another former acquisition that makes travel and business expense software.

“But as businesses sell more online and need to track customers and employees remotely, SAP’s e-commerce units and Qualtrics have proven bright spots…”

“Once a buzzy expected IPO, will the public market embrace Qualtrics on a second go around? The company reported revenue of 161 million Euros, or about $188 million, for Q1 2020; when SAP reports earnings on Monday, analysts and potential investors will get to see the first full year-to-year quarterly results for the business, which said last quarter it had 11,600 customers and was not GAAP profitable.

“Medallia, another company that tracks customer engagement and experiences with online survey roots, reported revenue of $112.7 million in its last quarter, growth of 20%, and trades at a market capitalization of $4.2 billion, down 30% from its July 2019 high.”

(https://www.forbes.com/sites/alexkonrad/2020/07/26/sap-plans-to-spin-out-qualtrics-for-ipo)

Categories
Current Events Humanity

Why It Took So Long For Politicians To Treat The Child Care Crisis As A Crisis

“But on child care and school, a specific, urgent response has been missing, or at least one that acknowledges our new reality. President Trump threatened to withhold federal funding for education if schools didn’t open back up, counter to schools’ insistence they need more money to provide a safe education amid the pandemic.

“While the CARES Act, an omnibus COVID-19 relief bill signed into law in late March, gave extra stimulus funding to families with children, schools and child care businesses so they could remain afloat, a Democratic-backed bill to give a $50 billion bailout of the child care industry has gotten little attention.

“Teachers around the country have voiced doubt that necessary safety measures for in-school teaching will be sufficient, and Los Angeles Unified School District, one of the country’s largest school systems, has decided not to reopen classrooms when schools go back in session in August.

“Some worry that while distance learning is safer, socially different children and those without stable internet connections or computers — who are already at the margins in normal times — will fall irrevocably behind.

“There is no cohesive solution to America’s child care problem. But the relative inattention to this crisis, one that’s so foundational to a functioning society, the economy and family units across the country, is revealing.

“It shows that for all the changes that have happened in American life — more female elected officials, a MeToo movement and a workforce that is around 47 percent female — our power dynamics remain fundamentally skewed.

“We are failing to collectively understand what our most critical and pressing problems actually are.”

Clare Malone

(https://fivethirtyeight.com/features/why-it-took-so-long-for-politicians-to-treat-the-child-care-crisis-as-a-crisis)

Categories
Space

New map of the universe unveils a stunning X-ray view of the cosmos

“The scientists completed a full sweep of the sky over the course of about six months, looking for sources of X-ray radiation — a type of high-energy electromagnetic radiation. These X-ray sources include black holes, galaxy clusters and leftover remnants from supernova explosions.”

(https://www.space.com/amazing-x-ray-map-universe-erosita-results.html)

Categories
Humanity

We can only walk from where we stand

Andy Ihnatko

(http://ihnatko.com/2019/08/01/the-day-after)